EILEEN BARTHOLOMEW, SVP PRIZES
GSUMMIT, 2014
2
3
4
• Fly 100 km altitude
• Twice in 2 weeks
• 3 person crew
• Privately funded
ARCA SPACE TRANSPORT
DAVINCI PROJECT CANADIAN ARROW ROCKETPLANE
ARMADILLO
AEROSPACE
STARCHASER PABLO DELEON SCALED COMPOSI...
9
10
XPRIZE PORTFOLIO
Awarded
$23.4 Million
Active
$52.2 Million
11
PRIZES ARE POWERFUL
TOOLS FOR INNOVATION
• Encourage new thinkers &
approaches
• Pay only for successful outcomes
• Pro...
12p. | NAME OF PRESENTATION, DATE
13
Capital
Markets
Resources
Interesting Work
Legitimacy
Community
Glory
14
CAPITAL
15
MARKETS
16
RESOURCES
17
INTERESTING WORK
18
LEGITIMACY
19
COMMUNITY
20
GLORY
21
DESIGNING A GREAT PRIZE
1.Offer a sufficient purse
2.Design for after the prize is won
3.Define a difficult but achieva...
WHAT DO YOU
PRIZE?
GSummit SF 2014 - Does the prize purse matter? Driving revolution through competition with XPRIZE by Eileen Bartholomew @e...
GSummit SF 2014 - Does the prize purse matter? Driving revolution through competition with XPRIZE by Eileen Bartholomew @e...
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GSummit SF 2014 - Does the prize purse matter? Driving revolution through competition with XPRIZE by Eileen Bartholomew @ebartholomew

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GSummit SF 2014 - Does the prize purse matter? Driving revolution through competition with XPRIZE by Eileen Bartholomew @ebartholomew

  1. 1. EILEEN BARTHOLOMEW, SVP PRIZES GSUMMIT, 2014
  2. 2. 2
  3. 3. 3
  4. 4. 4
  5. 5. • Fly 100 km altitude • Twice in 2 weeks • 3 person crew • Privately funded
  6. 6. ARCA SPACE TRANSPORT DAVINCI PROJECT CANADIAN ARROW ROCKETPLANE ARMADILLO AEROSPACE STARCHASER PABLO DELEON SCALED COMPOSITES • 26 teams • From 7 nations • Spending > $100 million
  7. 7. 9
  8. 8. 10 XPRIZE PORTFOLIO Awarded $23.4 Million Active $52.2 Million
  9. 9. 11 PRIZES ARE POWERFUL TOOLS FOR INNOVATION • Encourage new thinkers & approaches • Pay only for successful outcomes • Provide significant financial leverage •…It’s not just about the purse
  10. 10. 12p. | NAME OF PRESENTATION, DATE
  11. 11. 13 Capital Markets Resources Interesting Work Legitimacy Community Glory
  12. 12. 14 CAPITAL
  13. 13. 15 MARKETS
  14. 14. 16 RESOURCES
  15. 15. 17 INTERESTING WORK
  16. 16. 18 LEGITIMACY
  17. 17. 19 COMMUNITY
  18. 18. 20 GLORY
  19. 19. 21 DESIGNING A GREAT PRIZE 1.Offer a sufficient purse 2.Design for after the prize is won 3.Define a difficult but achievable target 4.Offer a clear measure of success 5.Entice broad communities 6.Make it rewarding and simple for teams 7.Have a media-friendly winning moment and tell great stories along
  20. 20. WHAT DO YOU PRIZE?

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